Issue Price
₹245
Per Share
GMP
NIL
Grey Market
Est. Listing
₹245
Expected Price
Min. Application
₹29,890
2 lots × 61 shares
Incorporated in 1992, Newgen Software Technologies is Delhi-based Software Product Company. Newgen offers product and platform that enables organizations to rapidly develop powerful software applications. Company mainly offers products in ECM and BPM space. Company sells its products through direct sales and through its 300 strong channel partners globally.Newgen Software has four patents registered in India and 27 outstanding patent applications in India and one outstanding patent application in the USA. Newgen has over 450 active customers in over 60 countries. These customers are served by over 265 employees.Newgen Software platform comprises of:1. OmniDocs Enterprise Content Management (ECM) Software (to digitization of enterprise content and information)2. OmniFlow Intelligent Business Process Suite (BPM) (to manage a complete range of business processes)3. OmniOMS Customer Communication Management suite (unified communication platform to improve communication with customers)These enterprise-wide solutions are used by in various sectors including banking, government/PSUs, BPO/IT, insurance and healthcare.Company Strengths1. Product based Software Company with strong industry recognition.2. Diversified business across several verticals (including banking, government/PSUs, BPO/IT, insurance and healthcare)3. Diversified revenue streams (license fees or subscription fees) from multiple geographies with low customer concentration4. Recurring and non-recurring, repeat revenues from long standing customer relationships5. Clients include 17 Global Fortune 500 companies6. Focused on driving innovation through in-house R&D.
Newgen Software Technologies Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 17,331,483 | 100.00% | ₹424.62 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 61 | ₹14,945 |
| Retail (Max) | 13 | 793 | ₹194,285 |
| sNII (Min) | 14 | 854 | ₹209,230 |
| bNII (Min) | 68 | 4,148 | ₹1,016,260 |
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue from Operations | 433.77 | 349.67 | 316.21 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 52.36 | 27.82 | 46.38 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 446.71 | 389.26 | 324.34 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |